China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
14 May, 2026, 02.17 PM IST
Dollar boosted by rate expectations, safe-haven flows as Trump, Xi meetThe US dollar strengthened on Thursday. Higher Treasury yields and safe-haven demand boosted the currency. Investors anticipate Federal Res...
14 May, 2026, 07.24 AM IST
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
14 May, 2026, 06.40 AM IST
Dollar strengthens as Trump says Iran peace offer 'unacceptable'The dollar strengthened against major currencies early Monday. Strong US jobs data and ongoing geopolitical tensions involving Iran and the...
11 May, 2026, 07.21 AM IST
Yuan to top Yen in currency options trading: LCHThe yuan is poised to surpass the yen as the second-most traded currency against the dollar in foreign-exchange options, according to LCH. ...
24 Apr, 2026, 06.04 AM IST
Chinese AI startup StepFun to unwind offshore structure to pave way for IPOShanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropri...
13 Apr, 2026, 01.19 PM IST
China's yuan hits 5-month low, strong official fix limits lossesEarlier in the day, the central bank kept a key policy interest rate steady as widely expected when rolling over maturing medium-term loans...
15 Apr, 2024, 09.25 AM IST
China moves to support yuan as stock markets tumble - sourcesChina's major state-owned banks moved to support the yuan on Monday, tightening liquidity in the offshore foreign exchange market while act...
23 Jan, 2024, 08.26 AM IST
Yuan drops toward record low as China budges in fight with bearsThe PBOC is faced with a daunting task of maintaining the socalled impossible trinity, where it needs to stabilize the exchange rate and pr...
08 Sep, 2023, 11.35 PM IST
China asks banks to limit some Connect bond outflowsThe guidance "could reduce mainland capital flowing out through the bond market," said Ken Cheung, chief Asian FX strategist at Mizuho Bank...
25 Aug, 2023, 08.26 AM IST
China's state banks seen selling dollars for yuan in London and New York hoursChina's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets ...
17 Aug, 2023, 05.47 PM IST
China's state banks seen selling dollars offshore to slow yuan declines: SourcesChina's central bank on Thursday also announced a relaxing of a cross-border financing rule, making it easier for domestic firms to raise f...
20 Jul, 2023, 08.36 AM IST
Foreign holdings of China bonds hit record in May on stronger yuanChina's yuan strengthened more than 1.6% against the dollar in May, supported by the country's robust economic recovery and capital inflows.
05 Jun, 2021, 03.38 PM IST
China to start implementing RRR for some banks in offshore yuan market: PBOCChina will start implementing a reserve requirement ratio on some banks involved in the offshore yuan market.
18 Jan, 2016, 12.38 PM IST
China's yuan hits highest since devaluation, boosted by firmer midpoint fixYuan rose against the dollar on Monday to its highest level since its surprise devaluation on August 11, after the central bank set a stron...
12 Oct, 2015, 10.35 AM IST
China's yuan falls to two-month lows as central bank sets weaker midpointThe yuan traded weaker than the official guidance rate first time since late September, as appetite for the currency wanes.
01 Dec, 2014, 11.15 AM IST
China's RMB swiftly developing as major world currency: ReportChina renminbi is on track to become the third-largest international currency behind US dollar & euro within % yrs as the eastern nation ac...
21 Jul, 2014, 11.48 AM IST